EUR/USD, USD/JPY, USD/CHF Face 2026 Market Surprises Analysis

Major forex pairs including EUR/USD, USD/JPY, and USD/CHF are positioned for potential volatility as analysts identify ten key market surprises that could reshape the global economic landscape in 2026. The analysis highlights scenarios ranging from unexpected central bank policy shifts to geopolitical developments that could trigger significant currency realignments. EUR/USD currently trades near critical technical levels, with potential catalysts including diverging monetary policies between the ECB and Federal Reserve. USD/JPY remains sensitive to Bank of Japan policy normalization prospects, while USD/CHF continues to reflect safe-haven demand dynamics. The report emphasizes heightened uncertainty around inflation trajectories, growth differentials, and political risks heading into 2026. Traders are advised to monitor key support and resistance levels across these pairs while maintaining flexible positioning given the elevated probability of market-moving surprises that could challenge consensus forecasts.